Category Archives: Blog

 Oregon Adds 4,600 Jobs in October

In October, Oregon’s nonfarm payroll employment grew by 4,600 jobs, following a revised gain of 4,700 jobs in September. Monthly gains in October were widespread, with nine of the top 13 industries adding jobs, led by professional and business services(+1,500 jobs); wholesale trade (+1,000 jobs); and government (+1,000 jobs). Only two major industries cut jobs substantially in October: private educational services (-800 […]
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Oregon Economic and Revenue Forecast, December 2018

This morning the Oregon Office of Economic Analysis released the latest quarterly economic and revenue forecast. For the full document, slides and forecast data please see our main website. Below is the forecast’s Executive Summary. Current economic growth remains strong. Nearly all leading indicators are flashing green, signaling solid gains in the near-term. However, the […]
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Oregon Workforce and Economic Information: Employment among Oregon’s Veterans

From all of us here at the Oregon Employment Department, we’d like to say Thank You and Happy Veterans Day to all of those who have served and continue to serve! For Veterans Day, we’re treating you with a blog post on employment among Oregon’s veterans. In 2017, the unemployment rate for veterans in Oregon was […]
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Oregon’s Energy Intensity and Household Spending

Energy costs can have big impacts on the economy. This has certainly been the case historically with the 1973 oil crisis and U.S. recession being a prime example. More recently we can observe the impact of gas prices on American automobile purchases. When gas is near $4 per gallon, we buy more cars, but when […]
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2018 Election: 5 Takeaways for Oregon’s Wildlands and Wildlife

What do the results of the 2018 midterm election mean for Oregon’s wildlands, wildlife, and waters? Here are five takeaways. Source: 2018 Election: 5 Takeaways for Oregon’s Wildlands and Wildlife

Portland’s Economic and Housing Outlook

This morning I am presenting at the Home Builders Association of Metropolitan Portland’s annual forecast breakfast. It’s been a few years since I’ve been able to attend again, so we have lots of topics to catch up on! The National Association of Home Builders’ chief economist, Robert Dietz, will also be presenting. I am looking […]
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Most Oregon Employers Have Fewer than 20 Employees

Nine out of 10 private-sector firms in Oregon had fewer than 20 employees in March 2018. Six out of 10 employed fewer than five. Despite their quantity, smaller firms collectively account for a much smaller share of overall employment than their larger counterparts. For example, the 59.4 percent of firms with one to four employees […]
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Hammer Don’t Hurt ‘Em

Despite a modest correction in stock prices, the near-term outlook remains bright. The economic data flow continues to be healthy. The next 12-18 months should see good growth, in part due to the federal fiscal stimulus (tax cuts, and the spending increase are just now hitting the economy). However, economists are increasingly pointing towards 2020 […]
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September 2018 Employment and Unemployment in Oregon’s Counties

Benton and Hood River counties had Oregon’s lowest seasonally adjusted unemployment rate at 3.0 percent in September 2018. Other counties with some of the lowest unemployment rates in September included Washington (3.2%), Wheeler (3.2%), and Multnomah (3.3%). Ten of Oregon’s counties had unemployment rates at or below the statewide unemployment rate of 3.8 percent and […]
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Fun Friday: Alcohol, Marijuana, and Tech

Happy Friday everybody! A friend of the office recently noted that we haven’t been discussing beer nearly enough lately. And it turns out she was right. After our office’s first, real recreational marijuana forecast last year and the Oregon Vice research and presentation I did, our office has been mostly focused on the evolving macro environment this year (more […]
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